DDD: Downtown New Orleans Facts | New Orleans by the Numbers - Hotel Rooms, Office Space, Companies, De

Downtown New Orleans Facts

Demographics

Total Population Estimates (Orleans Parish, 2010)	360,000
Total Population (Downtown, 2010)	5,000
Unemployment Rate (as of April 2010)	7.5

Hotels (August 2010)

# of Downtown Hotels	92
# of Downtown Hotel Rooms	35,023
Hotel Occupancy Rate (Monthly %)	62%

Commercial (August 2010)

Office Building Occupancy Rate

Downtown Class A Space (SF)	87.4%
Downtown Class B Space (SF)	80.3%

Office Building Rental Rate (2Q2010)

CBD Class A ($/SqFt)	$18
CBD Class B ($/SqFt)	$15

Residential

# of Downtown Condo Units (estimated)	1,642
Condo/Townhouse Price Range $/SqFt (Downtown)	$275-$375
Condo/Townhouse Avg. Price (Orleans Parish, 06)	$341,854
# of Downtown Apartment Units (estimated)	1,322
Apartments Rent Price Range $/SqFt (Downtown)	$1.30
Apartments Rents Avg. Price (Orleans Parish, 06)	$1,660
New Downtown Residential Units Proposed (estimated)	1,800

Major Corporations Downtown

Shell	Harrah’s
Tidewater Inc.	Capital One
McDermott International Inc.	Entergy Corp

Air Transportation

118 daily flights serving 34 cities with direct flights. 14,614 seats and 9 major airlines. Louis Armstrong International Airport services most commercial carriers - www.flymsy.com. Lakefront Airport serves primarily charter and private flights - www.lakefrontairport.com.

Tourism

Tourism generates $5 billion in visitor spending and more than $250-300 million in tax revenues. For more information on tourism, visit the New Orleans Convention and Visitors Bureau at www.nomcvb.com.

Source:

Greater New Orleans Community Data Center (2010)
New Orleans Metropolitan Convention & Visitors Bureau (NOMCVB)
GCR & Associates (January 2010)
University of New Orleans College of Business (April 2010)
New Orleans Metropolitan Association of Realtors (2010)
Louisiana Workforce Commission

Federal Incentives

Project Support Criteria

Developments in Progress

State Incentives

DDD Incentives

Developer's Guide to City Hall

Downtown Facts

Retail Support

Facade Improvement Grant

Facade Micro Grant

Sidewalk Enhancement Grant

"I not only have my business downtown, but I live downtown! I am enjoying being a part of the revitalization of the warehouse/arts district as a gallery owner."
-Jean Bragg, owner, Jean Bragg Gallery

SCULPTURE FOR NEW ORLEANS
You're not just "seeing things!"Monumental sculptures are popping up around the city of New Orleans, many of them Downtown. The Mariposa Arts Foundation's "Sculpture for New Orleans" project has placed over 25 sculptures in public spaces around the city to bring awareness to New Orleans' thriving arts culture.

Lafayette Square � Upper CBD Height Study Report